Nestled in the serene cul-de-sac of 7 Bardia Street, Belmont, Auckland, this freehold property is a gem with immense potential. Constructed in 1980 with fibrous cement walls and iron roofing, both in good condition, it boasts 5 bedrooms, 2 bathrooms, and 3 car parks. The floor area spans 133 square meters on a generous land area of 743 square meters, with an easy/moderate fall contour. The property, valued at $1,730,000 as per the June 2021 government valuation, has seen a CV increase of 38.4% since July 2017. This is an ideal setup for a home and income, with the possibility of subdividing the site into two freehold titles.
With a HouGarden AVM of $1,582,500, and a recent sale history that speaks of the area's desirability, this property presents a golden opportunity for investors. The current owners have cherished it for 40 years, and now it's up for grabs. Not only does it offer a chance to capitalize on rental income, but it also provides a perfect setting for inter-generational living, with both homes meeting Healthy Homes standards and ample off-street parking.
Education is a breeze with the property falling within the zone of esteemed schools. Takapuna Grammar School, Belmont Intermediate, and Belmont School all rate a 10 on the decile scale. This ensures a quality education for the family. Additionally, the location is convenient, with easy access to Belmont shops, Takapuna and Narrow Neck beach, and a transport network connecting to Auckland City, Devonport, and Takapuna.
Updated on December 09, 2024